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p panache? >> my hair looked different on every single -- i don't know. >> do you have a different style and mood every morning? >> i don't know. it shows that it's real. that's what i'm going to stick with. all right. >> we want to thank john harwood for joining us for the hour. we also want to thank tony and jared for being with us through this whole hour. >> and sitting through that. >> happy new year to everybody. and we should point out, look, fiscal cliff, market says, what, me worry at this point? >> i wonder what really did happen. did you get anything -- >> i think it was tony and i. >> not since we last talked. >> you guys get along well. as long as you're a steeler fan, you get along. it was great. thanks, guys. we've got to go. >> can you see this? we're giving out the fiscal cliff bars today. >> bye, everybody. happy new year, joe. right now, time for "squawk on the street." ♪ >> one final trading session for 2012. and it comes, of course, with the add eed drama of a fiscal cliff set to take place 15 hours from now. i'm carl, with melissa lee. cramer and faber are of
this holiday, if sales don't meet expectations? well, is that good for online merchants? william blair said amazon has increased discounting this year. quote, amazon's consumer proposition appears incrementally stronger versus walmart and target. amazon's prices are 2% lower than walmart brick and mortar prices when you factor in amazon shipping costs and 5% lower than walmart.com. amazon prices are 9% lower than target and 10% than target.com. they think target may be losing its edge on pricing. however, if you're shopping on amazon today, for anything other than a gift card, melissa, i don't think you're going to get it in time for christmas. back to you. >> yeah. really? there are only two employees in that macy's? macy's across the country have been continually open for the past day into christmas eve. >> earlier i did see two shoppers. no, that guy's stocking merchandise. no, that's not a customer. we can't go in from this side. >> he doesn't leave the store? >> this woman's dusting back here. i mean, i don't know, they're all working. they're all getting paid. they all get to be here
that contributed. we've had some analysts say that because people don't feel they have to go out and buy a coat. >> because it will never get cold again. >> except today, when it's 28 degrees. we'll see how after christmas does. internet also, it doesn't appear as online sales are up as p as anticipated. and perhaps they made up for the loss of the brick and mortar. >> you were pointing out before the show, luxury was not immune to this. you would think it would be more in tune to the consequences a cliff. >> you can take a look at the mid-atlantic and northeast regions, those regions account for 24% of national retail sales. within luxury, a big portion of that 20% is in the heast region. and so when you have that sort of double whammy, sandy, newtown shootings, fiscal cliff, all these things can combine to depress shoppers' appetite to spend at this point. >> we'll talk a lot more over the next couple of hours where the discounts really came. there's a lot of talk about walmart and gap, and macy's and target. and then what that's going to meet as they try to clear out all this inventory, real
that don't live in new york, here is look at the tabloids this morning. the "new york post," off the fiscal cliff. this fall is really going to hurt. ben white of morning money, dennis, said an excuse to get a bic can keeney on the cover. >> relatively slow news day. what geithner did yesterday is almost as if he is strapping a damsel in distress to the tracks and saying the stakes are rising higher. the markets are taking all this tension, all this sort of -- these things at stake to really make the point perhaps that you have to have those stakes really high for people actually to get a deal. >> on "fast" last night when that letter crossed in the green rooms, we were chatting, we said this sounds like a ploy on the part of the treasury to actually get people to start moving. obviously, there wasn't a market selloff, did have the stumbling blocks and traders on friday said almost better if we did see the markets pull back more to crystallize what this could mean for the u.s. economy to members of congress. we didn't see that. it is a numbers game though in terms of what will happen. we kn
the speaker can't tell what they're going to do. >> i don't want taxes to go up. republicans don't want taxes to go up. but we only run the house. democrats continue to run washington. >> call me a hopeless optimist, but i actually still think we can get it done. >> eamon javers live in washington. eamon, fascinating to look at that tape in retrospect. >> i think a lot of people in washington think the make-or-break deal making sessions have already happened here. and one republican senator i talked to this morning said there are very low expectations now for this meeting at the white house today. and boy, how times have changed, carl. just watching that tape that you just ran. one of the things that i'll be watching for when i'm standing on the white house north lawn this afternoon is whether or not these four congressional leaders come out as they did back in november and talk to the press after the meeting. we've had a lot of meetings at the white house where people have left very quickly, gotten into a suv and driven off the complex without talking to reporters. if they come out to those
Search Results 0 to 4 of about 5